India’s telecom equipment market could double to $50 Bn: 3 stocks making 5G gear
India’s telecom equipment market is set to double by FY32 with major growth in 5G manufacturing. Key listed companies like HFCL and Tejas Networks are expanding production and securing global orders, despite varied financial performance.
The opportunity goes beyond expanding telecom networks. India is also strengthening its position as a manufacturing hub for 5G equipment. The shift is already visible.
At India Mobile Congress 2026, Ericsson announced that its Indian manufacturing ec... [11577 chars]
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Story file
- Section
- Business
- Topics
- Stock market, AI & gadgets
- First reported by
- The Financial Express
- Published
- Tuesday, 13 October 2026, 5:10 am IST
- Coverage
- One outlet so far
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